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HSBC Holdings plc




Type                   Public limited company
                       SEHK: 005


Traded as              LSE: HSBA NYSE: HBCEuronext: HSB BSX:1077223879


Industry               Banking
                       Financial services
                       Investment services


Founded                1991[1]
                       (HSBC Holdings plc)
                       1865[2]
                       (The Hongkong and Shanghai Banking Corporation Limited)


Founder(s)             Sir Thomas Sutherland


Headquarters           8 Canada Square,
                       Canary Wharf,
                       London, United Kingdom[3]


Number of locations 7,500 offices in 87 countries & territories[4]


Area served            Worldwide


Key people             Douglas Flint
                       (Group Chairman)
                       Stuart Gulliver
                       (Group Chief Executive)
Products           Finance and insurance
                   Consumer Banking
                   Corporate Banking
                   Investment Banking
                   Investment Management
                   Global Wealth Management
                   Private Equity
                   Mortgages
                   Credit Cards


Revenue              US$ 98.918 billion (2010)[5]


Operating income     US$ 19.037 billion (2010)[5]



Profit               US$ 13.159 billion (2010)[5]


Total assets         US$ 2.454 trillion (2010)[5]


Total equity         US$ 147.667 billion (2010)[5]


Employees          306,300 (2010)[5]


Subsidiaries       HSBC Bank plc
                   The Hongkong and Shanghai Banking Corporation
                   HSBC GLT India
                   HSBC Bank USA
                   HSBC Bank Middle East
                   HSBC Mexico
                   HSBC Bank Brazil
                   HSBC Finance


Website            HSBC.com
HSBC Holdings plc (Chinese: 滙豐控股有限公司) is a global banking
and financial services company headquartered in Canary Wharf, London, United
Kingdom.[3] As of 2011, it was the world's second-largest banking and financial
services group and second-largest public company[6] according to a composite
measure by Forbesmagazine.[7][8] It has around 7,500 offices in 87 countries and
territories across Africa, Asia, Europe, North America and South America and
around 100 million customers.[4][9] As of 30 June 2010, it had total assets of
$2.418 trillion, of which roughly half were in Europe, a quarter in the Americas
and a quarter in Asia.[5]
HSBC Holdings plc was founded in London in 1991 by The Hongkong and
Shanghai Banking Corporation to act as a new group holding company and to
enable the acquisition of UK-based Midland Bank.[1] The origins of the bank lie in
Hong Kong and Shanghai, where branches were first opened in 1865.[2] Today,
HSBC remains the largest bank in Hong Kong, and recent expansion in mainland
China, where it is now the largest international bank, has returned it to that part of
its roots.[9][10]
HSBC is a universal bank and is organised within four business groups:
Commercial Banking; Global Banking and Markets (investment banking);
Personal Financial Services (retail banking); and Private Banking.[11]
HSBC's primary listing is on the London Stock Exchange and it is a constituent of
the FTSE 100 Index. It has secondary listings on the Hong Kong Stock
Exchange (where it is a constituent of the Hang Seng Index), the New York Stock
Exchange, Euronext Paris and the Bermuda Stock Exchange. As of August 2010, it
was the largest company listed on the London Stock Exchange, with a market
capitalisation of £115.8 billion.[12]

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HSBC

  • 1. HSBC Holdings plc Type Public limited company SEHK: 005 Traded as LSE: HSBA NYSE: HBCEuronext: HSB BSX:1077223879 Industry Banking Financial services Investment services Founded 1991[1] (HSBC Holdings plc) 1865[2] (The Hongkong and Shanghai Banking Corporation Limited) Founder(s) Sir Thomas Sutherland Headquarters 8 Canada Square, Canary Wharf, London, United Kingdom[3] Number of locations 7,500 offices in 87 countries & territories[4] Area served Worldwide Key people Douglas Flint (Group Chairman) Stuart Gulliver (Group Chief Executive)
  • 2. Products Finance and insurance Consumer Banking Corporate Banking Investment Banking Investment Management Global Wealth Management Private Equity Mortgages Credit Cards Revenue US$ 98.918 billion (2010)[5] Operating income US$ 19.037 billion (2010)[5] Profit US$ 13.159 billion (2010)[5] Total assets US$ 2.454 trillion (2010)[5] Total equity US$ 147.667 billion (2010)[5] Employees 306,300 (2010)[5] Subsidiaries HSBC Bank plc The Hongkong and Shanghai Banking Corporation HSBC GLT India HSBC Bank USA HSBC Bank Middle East HSBC Mexico HSBC Bank Brazil HSBC Finance Website HSBC.com
  • 3. HSBC Holdings plc (Chinese: 滙豐控股有限公司) is a global banking and financial services company headquartered in Canary Wharf, London, United Kingdom.[3] As of 2011, it was the world's second-largest banking and financial services group and second-largest public company[6] according to a composite measure by Forbesmagazine.[7][8] It has around 7,500 offices in 87 countries and territories across Africa, Asia, Europe, North America and South America and around 100 million customers.[4][9] As of 30 June 2010, it had total assets of $2.418 trillion, of which roughly half were in Europe, a quarter in the Americas and a quarter in Asia.[5] HSBC Holdings plc was founded in London in 1991 by The Hongkong and Shanghai Banking Corporation to act as a new group holding company and to enable the acquisition of UK-based Midland Bank.[1] The origins of the bank lie in Hong Kong and Shanghai, where branches were first opened in 1865.[2] Today, HSBC remains the largest bank in Hong Kong, and recent expansion in mainland China, where it is now the largest international bank, has returned it to that part of its roots.[9][10] HSBC is a universal bank and is organised within four business groups: Commercial Banking; Global Banking and Markets (investment banking); Personal Financial Services (retail banking); and Private Banking.[11] HSBC's primary listing is on the London Stock Exchange and it is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange (where it is a constituent of the Hang Seng Index), the New York Stock Exchange, Euronext Paris and the Bermuda Stock Exchange. As of August 2010, it was the largest company listed on the London Stock Exchange, with a market capitalisation of £115.8 billion.[12]